5 Investments You Can Make With Less Than 10,000 Shillings in Kenya

2. Selling Second-Hand (Mitumba) Clothes

Another great investment is selling second-hand clothes, popularly known as mitumba. With less than 10,000 shillings, you can purchase a bale of clothes from suppliers and sell them at a profit. 

The market for Mitumba clothes is large as many people prefer affordable and quality clothing. You can start by targeting your local area or setting up a small stall in a busy market.

3. Money Market Funds (MMFs)

Money Market Funds are an excellent low-risk investment option. These funds pool money from various investors and invest it in a diversified portfolio of securities, providing returns in the form of interest. To invest in MMFs, you need to open an account with a preferred fund manager. Some of the top-performing MMFs in 2024 include Etica Money Market Fund, Cytonn, Apollo Money Market Fund, Enwealth Money Market Fund, and Madison Money Market Fund.

MMFs are particularly suitable for beginners because they are low-risk and offer stable returns. You can start with as little as Kshs. 100, as seen with Safaricom’s MALI. The average annual return ranges from 11% to 18%, and you can withdraw your money whenever needed.

4. Cleaning Services

Starting a cleaning services business is another investment that requires minimal capital. You can offer cleaning services to homes and offices, which are always in demand. The initial investment will go into purchasing cleaning supplies and advertising your services. As your business grows, you can reinvest your earnings to expand your services and hire additional staff.

5. High-Yield Savings Account

A high-yield savings account is a safe and reliable investment option. These accounts offer higher interest rates compared to regular savings accounts, allowing your money to grow steadily. Many banks in Kenya offer high-yield savings accounts with competitive interest rates. This investment requires no specific business skills and guarantees a steady return on your savings.

In conclusion, you don't need a large amount of capital to start investing. These five ideas demonstrate that with less than 10,000 shillings, you can begin your journey toward financial independence and business success in Kenya.